In this episode, Russell Brand sits down with Tony Robbins to discuss his new book, "The Holy Grail of Investing" and how he democratizes the process of investing and makes investing information that was previously clandestine accessible to ordinary investors so that we might take advantage of the principles that some of the wealthiest people in the world have been able to exploit up until now. Russell and Tony discuss the importance of having a plan for the future and how to prepare for a bear market in the future. Russell also shares his thoughts on the current state of the financial industry and why it s important to have a clear plan for your future and a clear vision for how you should invest your money in order to be financially secure and free of debt in the long-term. Stay Free with Russell Brand! Remember, there s an episode every single day, 7 days, to educate and elevate our consciousness together. Stay Free, and enjoy the episode. And if there s any justice, legacy media will soon be a New York Times bestseller, but we are questioning the values of legacy media and not telling you the truth. If there's any justice in this world of media, Legacy Media will soon become a bestseller. We will be delivering a detailed breakdown of current topics that the mainstream media should be covering, but if they are covering, they are amplifying establishment messages, they re amplifying the false messages they should be amplifying, but not telling the truth . but we re questioning the lies they are peddling. - The Awakening Waking Wonders - But we re talking about. by Russell Brand - If there s Any Justice in the World of legacy Media will be a podcast about the world of the establishment? , by R.R. , R.K Jr. Jr., Sam Harris, V. Vandana Shiva, Gabor Mate, and many more? by V. V. Mate and more. . by Jordan Peterson, R. R. Peterson, Jr., R.V. & Sam Harris & more! by V. & much more. We bring you in depth conversations with guests like Jordan Peterson & V. Shiva & more ? by Sam Harris & many more. You can expect weekly episodes delivered a podcast every day, seven days 7 days a week, we bring you more content delivered by the Awakening Wonders by The Awakening Wonders Podcast.
00:00:00.000Hello there you Awakening Wonders on Spotify, Apple Podcasts, or wherever you download your podcasts.
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00:00:31.000Now enjoy this episode of Stay Free with Russell Brand.
00:00:34.000Remember, there's an episode every single day to educate and elevate our consciousness together.
00:01:15.000Tony, is this book about democratising the process of investing and making investing information that was previously clandestine accessible to ordinary investors so that we might take advantage of some of the principles that some of the wealthiest people in the world have been able to, up till now, exploit?
00:02:37.000Well, the only way to get there is save more money and invest it or get bigger returns.
00:02:41.000Well, bigger returns usually takes bigger risks.
00:02:44.000Bigger risks can lead to you not having anything, or a lot less than you need.
00:02:48.000And so I was working with Ray Dalio, one of the greatest investors in history.
00:02:51.000He's become a good friend over the last decade.
00:02:53.000And I asked him one day, out of all the things you've taught me, he's got so many principles, This is a man who manages $170 billion in assets for countries, for pension funds.
00:03:03.000I said, what's the single most important investment principle you could give me?
00:03:06.000And he said, Tony, I struggled with that for the last decade.
00:03:09.000And he said, I've made it into a mathematical principle that's so simple, I call it the Holy Grail of investing, which is the title of the book.
00:03:25.000He said, but what they fail to teach you that I figured out is if you can find 8 to 12 investments that are non-correlated, Now, for your audience, I'm sure many of them know, but in case they don't, when things are correlated, it means they tend to move in the same direction.
00:05:19.000Let me just give it to you real quick.
00:05:20.000I interviewed 13 of the most successful investors in the world in this category of alternative investments, private equity, private credit, private real estate.
00:05:30.000And these are people that manage 20 to 100 billion dollar funds and this is what's crazy.
00:05:37.000These guys are getting 20 to 30 percent compounded returns every year for decades.
00:05:43.000Now most the average person think that's impossible and the reason is for decades that money has gone to big pension funds To the big banking institutions and to the ultra wealthy.
00:05:53.000And so now that it could be a way for people to legally start to invest, even if they're not in that category, the second problem you've got is getting in.
00:06:01.000And since I have a good name and brand and know a lot of people, I've been able to get little pieces of some of these funds.
00:06:07.000But what happened was I was lamenting one day to a dear friend of mine who's worked
00:06:12.000with Paul Tudor Jones, a really brilliant financial guy.
00:06:15.000And I was saying, you know, I get these little pieces.
00:06:16.000It's like, you know, trying to get into the right club.
00:06:19.000And you know, if you don't know the right people even if you got the money, you're on the other side
00:06:22.000of the velvet rope, you're not getting in.
00:06:24.000And I said, I've got little pieces, but this is frustrating.
00:06:27.000And he said, Tony, I'm gonna tell you what I do with most of my money.
00:06:32.000So I'm leaning in and he said, I said, well, what do you do?
00:06:35.000He goes, there's this firm in Houston, Texas.
00:06:37.000I said, not London, not New York, not Singapore, Houston?
00:06:41.000He goes, yes, they're outside the bubble.
00:06:43.000Instead of trying to fight to get a little piece of one of these funds, he said, they've spent billions of dollars and they bought into the funds and you can buy a piece of the actual corporations.
00:06:54.000Now, I'll shut up after this because I've done a long rant on this, but here's what I want you to understand.
00:06:58.000If you look at the Forbes 400, the richest people in the world, And I asked you, Russell, what industry do you think is the most billionaires?
00:07:24.000And the reason, Russell, is they tie your money up for five years, some of them ten years, and people agree to it, and they get 2% on your money, whether they make you money or not, and 20% of your upside.
00:07:34.000And the only reason people do that, of course, is because they're getting returns that are ridiculous.
00:08:24.000But if you took the same $100,000 and put it in private equity, it's worth $13.9 million.
00:08:30.000So that's what's now available for people.
00:08:32.000And instead of paying these big fees of 2 and 20, You can actually be a partner in all of the things they own, and get the 2 and 20 yourself.
00:08:40.000That's why I'm so passionate about this.
00:08:42.000And then also, we're giving all the rights to this book, all the profits to this book, is Feeding America.
00:08:47.000I think you know we've provided, I've provided over a billion meals over the last eight years through them, through both all my books I've done this with, and also obviously additional contributions.
00:08:55.000So, when people are learning to change their own life, they can help other people that are in deep need as well.
00:08:59.000It's important that the ultimate goals of this passionate endeavor are plainly philanthropic and not in the way that we've come to understand the word philanthropy in recent years as a mask for Bill Gates's globalist agenda, but truly putting food in the mouths of hungry people.
00:09:19.000I've got so many questions, Tony, and like I work often for myself and I know for many people in my audience it will sound like you're speaking in another language and I know that you, like me, don't come from a class of people that necessarily understand that language indigenously.
00:09:33.000Just before our conversation commenced I was watching Rishi Sunak, the current British Prime Minister, former Chancellor of the Exchequer and member, hedge fund member, talk about how he was doing such a great job and showing us with like a drawing on a whiteboard why people aren't poor and suffering and why inflation is coming down.
00:09:51.000Although, you know, which seems to be at odds with many people's visceral experiences, many of the costs of living appear to be increasing.
00:09:59.000And it seems important to me that he was part of a hedge fund invested in Moderna just before the pandemic crisis.
00:10:05.000I'm not suggesting anything malfeasant, of course, simply the kind of luck that seems to prevail in those circles.
00:10:12.000Indeed, The type of luck that Nancy Pelosi and her husband Paul Pelosi have become global masterminds in.
00:10:20.000It's already sort of commonly understood that if you were to just invest in what Nancy Pelosi invests in, you'd be beating some of the world's best hedge funds.
00:10:29.000But you're saying that now, through democratising these techniques, we don't have to simply make Nancy Pelosi our spirit guide.
00:10:37.000We can ourselves invest in a way that will provide us with a great return.
00:10:43.000One of my questions, Tony, is if you are democratising these principles and making them accessible to a wide number of people, won't that in itself influence financial outcomes and diversify the number of people and somehow dilute the impact?
00:12:11.000He's rated one of the top 50 business minds of this century.
00:12:15.000Started with nothing, built this $100 billion fund, and I can't tell you the exact number because you have to have his prospectus, but let me just make it clear.
00:12:22.000It's way more than 20% compounded here for 26 straight years.
00:12:26.000So if, give you a sense, if 5% is going to give you 14 years to double, or 9% is going to take 8 years to double, when you get 20% it only takes you 3.5 years to double your money.
00:12:38.000You can really grow something with a very small amount of money with compounding in that area.
00:12:43.000Now this guy, he's taken one category, software as a service.
00:12:47.000And so he knows everything about those kinds of companies.
00:13:09.000My hope is it'll get into people's 401ks, it'll be available where people can accelerate their returns, because that's what pension funds and the wealthiest people in the world have done.
00:13:18.000When people look at where they put their money, the ultra-wealthy, on average, the latest report shows they have 46% of their money in private alternatives, in private equity, private credit, and only 29% in the public stock markets, and across the world.
00:13:32.000For 35 years, every stock market in the world has been less than private equity in that same country, to give you perspective.
00:13:39.000So this is what the rich have had access to, and now people can not only get into those funds, because it's one thing to legally get in, but to now be a partner side-by-side with them is one of the most exciting things that I've seen.
00:13:51.000And it's not only just private equity, it's also private credit.
00:13:54.000I was just reading an article today that just came out in the Wall Street Journal, it was talking about private credit as the new explosion.
00:14:00.000I'm sure you know, banks since 2008 have gotten tighter and tighter.
00:14:04.000And now, you know, some of the regional banks here in the United States, I'm sure you heard about Silicon Valley and so forth, that have had their problems.
00:14:10.000Well, now, banks, excuse me, all these companies, these 250,000 companies I told you about, that are 100 million to 3 billion plus, They have a hard time getting financing.
00:14:21.000And so what's happened now is the private equity guys have huge sums of money.
00:14:26.000They know how to value companies properly and they loan money to these people and they do it really judiciously.
00:14:32.000They have less than a 1% failure rate.
00:14:34.000So let me give an example that maybe your audience can understand.
00:15:09.000And they're producing returns right now of 11 and 12%.
00:15:12.000You know, if you have a mortgage and it was locked at 3%, you're happy right now.
00:15:17.000But, you know, with interest rates rising, if you didn't lock it down, you're paying two and a half or three times more money for the same house.
00:15:44.000So there's some really interesting opportunities happening.
00:15:46.000There's opportunities to actually, believe it or not, to own sports teams, which no one
00:15:50.000but multi-billionaires could do before.
00:15:52.000So in a way, what you're saying that this book, the Holy Grail, your newest book, number
00:15:57.000one on Amazon, affords the opportunity for small investors to invest in a way that was
00:16:03.000was previously not only impossible, but actually illegal.
00:16:07.000And it's more likely to give higher yields than other forms of investment.
00:16:13.000So because when you're describing this to me, it does seem like an esoteric and inaccessible world that's almost designed To keep people outside of it.
00:16:22.000And in fact, that's why I think since 2008 in particular, has been increasing the idea that there, you know, of course, that during the pandemic, there was a massive wealth transfer.
00:16:34.000And it seems like the momentum of finance, global finance, and indeed power, is travelling in exactly the opposite direction to the one you appear to intend in this book, towards a concentration of wealth.
00:17:07.000That's really true, and a way of explaining it is, when I wrote my first book, I basically interviewed 50 of the smartest financial people in the world, the Ray Dalios, the Carl Icahns, the Warren Buffets, all of them, all different, but they agreed on four things that I think anybody can get their hand around.
00:18:08.000It just means if you had a thousand dollars to invest or a million dollars, the most important decision you're going to make is not whether you put in an apple or whether you buy this piece of real estate.
00:18:17.000It's going to be your philosophy of investing, meaning how much of that money, what percentage of that thousand dollars, a million dollars, would I put in an environment that is less risky And it's less risky, it's going to get less rewards, but it's going to, it's kind of like the turtle and the hare.
00:18:31.000It's going to grow well over time and compound, but it's not going to blow my mind, but it's going to get me there without losses.
00:18:37.000Where do I put the balance is in areas that are a little more risky.
00:18:40.000It might be my real estate or it might be stocks or something else that has a lot of upside, but you could also lose all of it.
00:18:47.000And so the balance of that is really related to how old are you?
00:18:51.000If you need it 30 years in the future, you can put a lot more at risk because you have time to make up for it, because compounding will take care of you.
00:18:59.000If you're 60 years old and you need it in four years, you're probably going to have to put more in the security bucket, so to speak.
00:19:04.000So they have ways of managing it, so they don't ever put everything in one place.
00:19:09.000But the third thing they teach is the most interesting, and this is what they get in these types of investments I'm describing as alternative investments.
00:19:29.000Iatrogenic causes are the fifth biggest cause of death in America, and that means physician-induced or hospital-induced, to give you an idea.
00:19:39.000Asymmetrical risk-reward simply means this.
00:19:42.000Most people think these billionaires got rich by taking giant risks, and that is not true.
00:19:48.000A few may, but they don't usually stay a billionaire.
00:19:51.000They do it because they look for worth the least amount of risk with the most amount of upside.
00:19:57.000And so, for example, I work with Paul Tudor Jones, one of the greatest investors in history, and he, you know, in 1987 when the stock market had its biggest drop in history percentage-wise, 20%, he made 100% for his clients.
00:20:10.000And Paul Tudor, when he got into trouble and I had to come turn him around, and I discovered he originally would never make an investment unless he thought investing a dollar would make him five.
00:20:20.000If he's wrong, he can invest another dollar and make four.
00:20:22.000He could be wrong four times out of five and he makes money.
00:20:25.000That's called asymmetrical risk reward.
00:20:27.000Or another example is I have a friend in Texas who during 2008, the worst economic time, He took $30 million and converted it into $2 billion in one year.
00:20:37.000And this is in 2008, the worst economy.
00:21:47.000He goes, well, you can, but he goes, I don't need to.
00:21:50.000They're going to change the nickels, and when they do, it'll be a doubling or tripling.
00:21:53.000He goes, if I could push a button and convert all my money to nickels, I'd do it tomorrow.
00:21:57.000And so his kids, and he called the Fed and he bought $20 million worth of nickels to show them how this is done.
00:22:04.000The last one I'll give you real quick is from your part of the world, if you look over at Sir Richard Branson, you know, when he decided to compete, you know, with British Airlines, his biggest risk is going to buy all these planes.
00:22:15.000So he negotiated for a year and a half, like, He'll risk his life, but he doesn't do it in investing.
00:22:20.000If you know Richard, he's like, what's the downside?
00:22:24.000So he negotiated with Boeing for a year and finally got them to agree that if he didn't make it in a year and a half, he could give back all the planes and there'd be no loss to his credit and no loss to his money.
00:23:00.000So, you know, our football, which, you know, we call your soccer, what you guys call football, our version of football, we paid $110 million at Peacock to show one show, one program, And it was worth it.
00:23:13.000They got 20 million new subscribers to watch this particular show between Kansas City Chiefs and the Dolphins.
00:23:19.000You can own a piece, just like buying a piece of IBM, but these sports teams grow at 18% a year compounded.
00:23:26.000It's ridiculous and it's not tied to the stock market.
00:23:28.000So the stock market goes up and down, you don't care.
00:23:40.000So you can get a piece of that today, of the fun of sports, of the monopoly power they have, because no one can compete with them in that city, and be able to grow because they're really media operations now.
00:23:51.000All this is available to the average investor if they do a little homework and educate themselves.
00:23:55.000How do you continue to engage with your purpose?
00:24:00.000How is it that you retain this passion after all of these years of doing what you have done with all of this success?
00:24:07.000How have you drilled yourself to pay such attention to detail?
00:24:11.000And what values is it that you're appealing to in yourself as you continue to create this kind of content and offer these kind of opportunities?
00:24:24.000But I suffered so much in my childhood, both financially and emotionally, that I've got to find a way to solve this so my future family doesn't.
00:24:31.000Now I provide 100 million meals a year to give you an idea.
00:24:34.000I had a billion goal to do in 10 years.
00:24:38.000I'm now working on a 100 billion meal piece.
00:24:41.000I'm looking for 99 other people to do what I did.
00:24:43.000100 million meals a year for 10 years because of the Ukraine war.
00:24:47.000You know, that's the breadbasket, as I'm sure you know.
00:24:50.000And because the WF doesn't want us to use fertilizer, but 50% of the world's food comes from fertilizer, most from Russia, so the cost has gone through the roof.
00:24:58.000So normally, 80 million people are at threat of starving.
00:25:14.000When I was a young man, I figured out how to lose weight.
00:25:16.000Literally, I was 5'1 in high school, 1.5 meters, I'm now almost 2 meters, you know, 6'7, and I tell people the difference is personal growth, of course, right?
00:25:25.000But that explosion in my life during that time period, I learned how to lose weight, and I helped my friends, and I got all this love from it, you know?
00:25:33.000And I think I got addicted to having the answers around finance, around your body, around your emotions, around your relationships, around how to grow in your career, and so I've been obsessing on that for This is my 47th year.
00:25:45.000I started when I was three, of course.
00:25:48.000So, of course, I'm still driven by it.
00:26:02.000Well, I'm taking a radical departure from my previous career trajectory.
00:26:07.000It's investment now that interests me.
00:26:09.000I'll be spending all of my time looking for unique financial opportunities.
00:26:13.000If we can get ahead of even the Pelosi's with this simple Holy Grail technique, then I'm up If we can get ahead of the globalists like Trudeau and Rishi Sunak, then it's certainly the book for me.
00:26:26.000Tony, thank you for making time for us today and for explaining so eloquently and yet simply these complex ideas.